NRZ 0.00% 0.4¢ neurizer ltd

Until we see the buy queue get serious (> 10 million) the price...

  1. 5,906 Posts.
    lightbulb Created with Sketch. 3553
    Until we see the buy queue get serious (> 10 million) the price will just get kicked around by traders.
    Eventually the fundamental value will shine through, until then we will have perplexing days like today.

    I think this week will be bit of a write-off until serious money has a chance to decide what to do.

    Remember, there are a couple of realities to sort through...
    1. Gas shortage is real (good thing)
    2. WOW! greater than 1,000 Pjoules - that's a new Cooper Basin - huge !!!!
    3. Wait a minute, this is ISG - didn't that get killed off in QLD ?
    4. Who is LCK? Do they know what they are doing?

    3 and 4 might require the big investors to make a few phone calls before they commit.
    These things will get sorted.
    An announcement of a serious and credible player being involved will kick things along a bit.

    IMO
    DYOR
 
watchlist Created with Sketch. Add NRZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.